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Trucking bloodbath snares fleets large and small
America’s $875 billion trucking industry is struggling. The number of authorized interstate trucking fleets in the U.S. declined by nearly 9,000 in the first quarter of 2023, according to federal data analyzed by Motive, a fleet management technology company. Several midsized fleets have already shuttered this year, including Florida’s Flagship Transport and North Carolina’s FreightWorks…
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‘The dark of the moon on the 6th of June’
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CEO says Relay covers 75% of diesel payment market after Love’s deal
Relay Payments, its recent deal with Love’s Travel Stops in place, said its payment system now covers about 75% of all diesel sales in the U.S. That’s extensive coverage for a payments company – a field that is as competitive as any in trucking – that only began operations in 2019 and at first was…